Saurashtra Cement appoints Ms. Sonali Sanas as Paints Division CEO effective Aug 16, 2026

1 min read     Updated on 20 Jun 2026, 09:28 AM
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AI Summary

Saurashtra Cement has appointed Ms. Sonali Sanas as the Chief Executive Officer of its Paints Division effective August 16, 2026, succeeding Mr. Surender Bhatia. With over 26 years of experience across sectors like steel and media, Ms. Sanas has been with the company for over 11 years. The Board approved the appointment on June 18, 2026, to ensure business continuity.

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Saurashtra Cement has appointed Ms. Sonali Sanas as the Chief Executive Officer (CEO) of its Paints Division, effective August 16, 2026. The appointment follows the resignation of Mr. Surender Bhatia and aims to ensure continuity in the company's paints business segment. Ms. Sanas, a seasoned executive with over 26 years of experience, will transition from her current role as CEO (Designate) to lead the division. The Board of Directors approved the appointment based on the recommendation of the Nomination & Remuneration Committee at its meeting held on June 18, 2026.

Leadership Profile

Ms. Sonali Sanas brings a broad and varied professional background to her new role. Her career spans multiple industries, having held positions at well-known organizations across sectors including steel, media, and telecommunications. She has been associated with Saurashtra Cement for over 11 years, currently serving as Chief Legal Officer and Company Secretary, and has served as Chief Human Resource Officer for the past year.

The key highlights of Ms. Sanas's professional background are as follows:

Parameter Details
New Role Chief Executive Officer, Paints Division
Company Saurashtra Cement
Effective Date 16th August 2026
Previous Employer 1 Ispat-Mittal Group
Previous Employer 2 Hathway Cable & Datacom
Previous Employer 3 Dainik Bhaskar Group

Cross-Industry Experience

Ms. Sanas's prior associations span diverse corporate environments. Her tenure at Ispat-Mittal Group provided exposure to large-scale industrial operations, while her experience at Hathway Cable & Datacom reflects a background in the telecommunications and cable services sector. Additionally, her work with Dainik Bhaskar Group, one of India's prominent media conglomerates, rounds out a multi-sector professional profile.

She has played a key role in supporting Snowcem Paints across strategic and operational areas since the acquisition of the paints business. Ms. Sanas is a qualified Company Secretary, a law graduate, and holds a postgraduate degree in Financial Management. She has completed executive education programmes at premier institutions including The Wharton School, IIM Raipur, and the Indian School of Business.

Historical Stock Returns for Saurashtra Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-0.78%+2.81%-2.32%-27.76%-31.60%-50.07%

How will Ms. Sanas's legal and financial background influence the strategic direction of the Paints Division?

What are the growth targets for the paints business under the new leadership?

Will the appointment lead to any significant changes in the operational structure of the division?

Saurashtra Cement notifies IEPFA campaign, demat window

1 min read     Updated on 10 Jun 2026, 03:08 AM
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Saurashtra Cement Limited has notified shareholders about the IEPFA 'Saksham Niveshak' campaign running until July 9, 2026, aimed at updating KYC and bank details to prevent fund transfers. Additionally, a special window for dematerialising physical shares purchased before April 1, 2019, is available from February 5, 2026, to February 4, 2027.

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Saurashtra Cement Limited has notified shareholders regarding the Investor Education and Protection Fund Authority (IEPFA) Second 100 Days Campaign, known as “Saksham Niveshak”, which runs until July 9, 2026. The initiative aims to assist investors in updating KYC, bank account, nomination, and contact details to prevent the transfer of unpaid dividends and corresponding shares to the IEPF for the financial years 2019–20 to 2023–24. Regulations require the transfer of unpaid amounts after seven years from the date they are moved to the Unpaid Dividend Account.

The company has also opened an additional special window for the transfer and dematerialisation of physical securities bought or sold before April 1, 2019. This facility is available pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The window remains open for one year, from February 5, 2026, to February 4, 2027. Approved transfers will be issued only in dematerialised form, and shares will remain under lock-in for one year from the date of registration of transfer.

Shareholders needing to claim unpaid dividends or update details may contact the company’s Registrar and Transfer Agent, MUFG Intime India Private Limited. The RTA can be reached via email at investor.helpdesk@in.mpms.mufg.com , phone at 022 49186000, or through the SWAYAM portal for request tracking. KYC forms are available on the company’s website.

Key Dates and Contact Details

Event Date/Details
IEPFA Campaign End July 9, 2026
Special Window Start February 5, 2026
Special Window End February 4, 2027
RTA MUFG Intime India Private Limited
RTA Address C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400 083

Historical Stock Returns for Saurashtra Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-0.78%+2.81%-2.32%-27.76%-31.60%-50.07%

What impact will the 'Saksham Niveshak' campaign have on Saurashtra Cement's shareholder retention rates by 2027?

How might the one-year lock-in period for dematerialized shares affect liquidity during the special window?

Could this initiative set a precedent for other companies to launch similar investor education campaigns?

More News on Saurashtra Cement

1 Year Returns:-31.60%